1, JUBILEE WAY, NECTON, SWAFFHAM, PE37 8NA - £195,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 JUBILEE WAY is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £219,484. It was last sold for £195,000 in September 2021, which was around 40% below the average September 2021 detached price in the Breckland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

1 JUBILEE WAY Sold Prices

Land registry data shows five sales for 1 JUBILEE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 1 JUBILEE WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 SEP	£195,000	£326,862	40% below HPI
2015 19 OCT	£155,000	£256,557	40% below HPI
2012 5 NOV	£140,000	£211,495	34% below HPI
2006 12 DEC	£150,000	£218,114	31% below HPI
2004 7 DEC	£138,000	£206,334	33% below HPI

1 JUBILEE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The five 1 JUBILEE WAY sales between December 2004 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2021 sale, which was also at 40% below the HPI.

What might 1 JUBILEE WAY be worth now?

1 JUBILEE WAY might now be worth an estimated £219,484.

This is based on house price inflation of 12.6%, between September 2021 and December 2024, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 1 JUBILEE WAY of £195,000 on 30th September 2021. For the value to have increased from £195,000 to £219,484 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 JUBILEE WAY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JUBILEE WAY has not materially changed since September 2021.

How Large is 1 JUBILEE WAY?

1 JUBILEE WAY is 70m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses houses in Necton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Necton, and where 1 JUBILEE WAY lies on this distribution: 17% of detached houses houses are smaller than 1 JUBILEE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Necton.

1 JUBILEE WAY: Plot and Title Map

1 JUBILEE WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 1 JUBILEE WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 JUBILEE WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 JUBILEE WAY?

1 JUBILEE WAY is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 1 on JUBILEE WAY.